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Wealthy investors are happy to tell founders that a smaller percentage of a bigger pie is a better deal, but then seem not so happy to make their percentage sma
by projectileboy 8y ago
Wealthy investors are happy to tell founders that a smaller percentage of a bigger pie is a better deal, but then seem not so happy to make their percentage smaller in order to increase the size of the pie for society at large.
- matte_black 8y agoInvestors have to fight hard and endure a long time for every % of return. Society on the other hand will never be satisfied with their piece, they will always need more, and sooner not later.
- nrb 8y ago"Workers have to fight hard and endure a long time for every $ of income. Investors on the other hand will never be satisfied with their piece, they will always need more, and sooner not later."
- jadedhacker 8y agoSociety has to fight hard and endure a long time for every % of return. Investors on the other hand will never be satisfied with their piece, they will always need more, and sooner not later. Or as Adam Smith put it: "All for ourselves and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind." https://www.quora.com/What-did-Adam-Smith-mean-when-he-said-%E2%80%9CAll-for-ourselves-and-nothing-for-other-people-seems-have-been-the-vile-maxim-of-the-masters-of-mankind-%E2%80%9D https://www.quora.com/What-did-Adam-Smith-mean-when-he-said-...
- dv_dt 8y agoIMHO, this is 180 degrees backwards. It feels like most of the financial industry now is focused on short term profit optimization over long term value growth. Long term investors are notable exceptions.
- fhkatari 8y agoNot sure why you got downvoted. Upvoted